[ET Net News Agency, 15 July 2021] Haitong lowered its target price for CG Services
(06098) to HK$91.5 from HK$94.7 and maintained its "outperform" rating.
The research house said with the absence of a reduction of social security payments in
H1 FY21, it believes there shall be a mild decline in gross margin in the property
management services. It estimates the overall net profit margin in H1 FY21 to be around
20%. (RC)